$7,718 Closing Credit*
$649,900
1,200 SqFt
3 Beds
•2 Full Baths
#73313034, Kyle Remy, Listing Office: Strive Realty
Is Westport, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Westport has remained a Seller's Market.
Key Takeaway
Westport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Westport, MA
How much do homes in Westport, MA cost?
Median Sold Price
$672,500
$363/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$64,500(+10.6%)
Key Takeaway
Homes in Westport have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in Westport was $672,500 in October 2024, up 10.6% from last year, and the median price per square foot was $363.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $420K | $495K | +17.9% |
| 2 Bedrooms | $440K | $510K | +15.9% |
| 3 Bedrooms | $600K | $665K | +10.8% |
| 4 Bedrooms | $884.5K | $833.8K | -5.7% |
| 5+ Bedrooms | $725K | $849K | +17.1% |
Summary: Westport housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.9%, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 10.8%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 17.1%.
Median Sold Price Compared To Nearby Cities
| North Dartmouth | $460K | $535K | +16.3% |
| Dartmouth | $505K | $570K | +12.9% |
| Westport | $608K | $672.5K | +10.6% |
| South Dartmouth | $605K | $640K | +5.8% |
Housing Supply in Westport, MA
How many homes are available in Westport, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 65 | 61 | -6.2% |
Summary: The Westport real estate market had 61 homes for sale in October 2024, a 6.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 34 | 29 | -14.7% |
| 4 Bedrooms | 18 | 17 | -5.6% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Westport housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes decreased by 14.7%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 12 | -25.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Westport, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Westport in October 2024, down by 25.0% month-over-month. Of the 12 sold homes, 67% were sold under asking, 8% were sold at asking, and 25% were sold over asking.
Days on Market for Westport, MA
How long does it take to sell a home in Westport, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 57 Days | +85.2% |
Summary: Homes in Westport had an average of 57 days on market in Oct 2024, up by 85.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Westport are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Westport; 58% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
